Penny stocks to buy have been the talk of the town in recent weeks as cyclical assets have started to make a comeback this year. Penny stocks tend to perform poorly during market downturns. The sell-off that began in late 2021 and the ensuing bear market in 2022 were not kind to penny stocks, as
Stocks to buy
Inflation concerns and continuous interest rate hikes have left investors worried and anxious. The Federal Reserve has been raising the federal funds rate for many months now. In March it raised the interest rate by 0.25%, which was its ninth consecutive increase. Rising interest rates can be challenging but smart investors know where to park
With a yield of 5%, Certificate of Deposits (CODs) are some of the safest investments to consider. However, many times, you can do far better than 5% with higher-yielding income stocks, such as: CALM Cal-Maine Foods $56.77 PBR Petrobras $10.90 SQM Sociedad Química $74.26 Income Stocks: Cal-Maine Foods (CALM) Source: Epic Cure / Shutterstock Cal-Maine
It was always in the plan that SoFi Technologies (NASDAQ:SOFI) would become a bank. Banks can collect deposits and make loans directly. So it was a red letter day last year when SoFi won its national banking charter, after buying a small California bank called Golden Pacific. But that success has yet to benefit SOFI stock shareholders.
So far, 2023 has been great year for growth stocks. For one, it seems that the Federal Reserve’s rate hiking campaign is approaching its limits. Two, the banking system has started to stumble amid sharply higher interest rates. While this has been rough for bank investors, we’re now seeing a rotation out of financials and back into
There are stocks to buy and hold for decades as a wealth-building strategy. SVB Financial Group (OTCMKTS:SIVBQ) stock definitely doesn’t fall into that category. SVB Financial Group’s subsidiary Silicon Valley Bank is the poster child of bank failures in the 2020s. Still, you can still have fun trading the company’s shares — and, if you’re lucky,
Many investors believe a recession is imminent. Indeed, there are many reasons for such a view, which makes searching for the best stocks to buy in this environment difficult. Inflation is high, interest rates are on the rise, geopolitical concerns remain and the yield curve is steeply inverted. The last factor, yield curve inversion, is
Source: shutterstock.com/marozhka studio Pity the American bank stock investor. Since January, the KBW Nasdaq Bank Index has fallen 20% on fears of bank contagion. And many regional banks still trade for fractions of their pre-March levels. Shares of First Republic Bank (NYSE:FRC) — which once changed hands at $120 apiece — are now available for
We all dream of retiring with a steady income and financial security. Discovering passive income streams is one of the ideal outcomes for those heading into, or already in, retirement. Indeed, the flexibility self-created monthly or quarterly income provides is precious. Who knows how long social security benefits will remain funded? We’re now nearing a
Before entertaining the discussion of the top penny stocks to watch, it is imperative to emphasize that this market arena requires caution before investing. It looks as if 2023 could be a prosperous year for stocks. Market analysts have identified two categories of stocks best positioned to perform well: value stocks and reasonably priced stocks
The dynamic cloud computing realm has given investors remarkable opportunities to capitalize on high-growth stocks. Though the sector was under duress amidst the stock market rout last year, the potential for cloud-computing growth stocks remains stronger than ever. As the market sentiment shifts, investors can open positions in the best growth stocks in the cloud
As the population of our country continues to age, treatments and disease detection will continue to increase in demand. Additionally, improvements in imaging, robotics, and AI technology continue to give scientists new tools to make better medical devices. As devices become better and better at diagnosing and treating diseases without needing an in-person doctor, they
Speculative tech stocks are again gaining attention after an increasing hope that the economy is getting back on track after a tumultuous year. One major silver lining is that interest rate hikes have slowed. There are also indications that the Federal Reserve will soon end its rate increase policy. However, in the short term, tech
Since the end of the Concorde in 2003, the world has lacked a supersonic passenger jet. While modern jets allow safety and convenience for passengers, supersonic jets can shorten travel times to a fraction of what they currently are. For reference, the Concorde flew from New York to London in less than 3 hours. The
Retail and consumer stocks have shown little strength lately. A few names have reported strong quarterly results and hit new highs. However, the underperformance of this group has left several undervalued consumer stocks. For instance, the SPDR S&P Retail ETF (NYSEARCA:XRT) is up just 2.2% so far this year. That lags the 7% and 15%
The oil and gas sector has faced turbulent times with the possibility of a global recession. This has translated into some correction for oil and gas stocks. However, even amidst macroeconomic challenges, it’s a good time to look at some quality oil and gas stocks to buy. The first reason to be optimistic is the
Investors would be hard-pressed to find a safer bet right now than the Wells Fargo (NYSE:WFC) stock. Not only is the bank a giant, well-capitalized lender, it’s not deeply immersed in the shaky housing market. Besides, as smaller banks fail, Wells Fargo will be more than happy to scoop up the nervous banking customers. Some financial
With the rate on a 6-month Treasury bill sitting at around 4.75%, it’s a great time to be invested in cash. After all, as the saying goes, why fight the Fed? That can be an ideal option if preserving wealth is your primary objective. But if you’re still in the growth phase, you’ll still want to
With artificial intelligence rapidly becoming a hot topic, investors ought to consider AI stocks to buy. According to Grand View Research, the global AI market size reached a valuation of $136.55 billion last year. Experts there project that the segment will expand at a compound annual growth rate (CAGR) of 37.3% from 2023 to 2030.
Generally speaking, biotech stocks to buy offer investors an excellent opportunity for significant upside success. According to Grand View Research, the global market size for the industry reached $1.02 trillion in 2021. Experts there project that the segment will expand at a compound annual growth rate (CAGR) of 13.9% from 2022 to 2030. By the